RentDataNowRentDataNow
ZIP Code · FL

ZIP 32506

Pop. 34,549·Escambia County·619th most expensive ZIP in Florida
Median rent (all units)
$1,557/mo
Year-over-Year
+4.6%
Month-over-Month
+3.1%
vs US Median
-$394
Rising (Monthly)
Be the first to discuss 32506 rents ↓
Most AffordableMost Expensive
ZIP 32506 · $1,557
More affordable than 70% of US ZIP codes · National median $1,951/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,140
1 BR
$1,290
2 BR
$1,510
3 BR
$2,000
4 BR+
$2,440
Research median
$1,510/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: June 22, 2026

Annual cost
$18,684/yr
At $1,557/mo median
Location
StateFL
CountyEscambia County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.6% YoY, +3.1% MoM), not inventory.
Demographics

Who lives here

ZIP 32506 (Pensacola, FL) is majority owner-occupied, has a median income below the national average, 24.4% of residents hold a bachelor's degree or higher.

Population
34,549
Median income
$62,486
Median age
39.2
Renters
39.7%
Age distribution
20.3%
25.6%
24.1%
13.4%
16.6%
Under 1820.3%
18–3425.6%
35–5424.1%
55–6413.4%
65+16.6%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
59.8%
18.5%
White59.8%
Black18.5%
Hispanic6.4%
Asian5.9%
Other9.4%
Education (25+)
28.1%
36.7%
24.4%
No HS diploma10.8%
HS diploma28.1%
Some college36.7%
Bachelor's+24.4%
Housing tenure
60.3%
39.7%
Owner60.3%
Renter39.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 32506 in Pensacola, FL has changed in 5 years

Income
$54,391 → $62,486
up 14.9%
Population
37,202 → 34,549
down 7.1%
Renter share
40.2% → 39.7%
-0.5 pts
Bachelor's+
22% → 24.4%
+2.4 pts
Median age
37.3 → 39.2
+1.9 yrs

On the earnings side, the typical household in ZIP 32506 in Pensacola, FL now reports about $62,486, up from $54,391 in 2021. Headcount in the area went from 37,202 to 34,549 between 2021 and 2024, a 7.1% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 22% to 24.4%.

Community

Discussions about ZIP 32506

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 32506

About renting in ZIP 32506

Last updated: June 22, 2026

ZIP code 32506 covers Pensacola, FL. The median rent here is $1,557/mo as of June 2026. A 1-bedroom rents for a median of $1,290/mo. A 2-bedroom rents for a median of $1,510/mo.

At 30% of local median household income ($62,486/yr), ZIP 32506 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 32506?

As of June 22, 2026, the median monthly rent in ZIP 32506 (Pensacola, FL) is $1,557. This is based on aggregated data from public sources and community submissions.

How does ZIP 32506 rent compare to the US average?

ZIP 32506's median rent of $1,557/mo is $394 (20%) below the US national median of $1,951/mo.

How does ZIP 32506 compare to other ZIPs in Florida?

ZIP 32506 is among the more affordable ZIP codes in Florida, ranking #619 out of 669 ZIPs at $1,557/mo.

How much income do you need to rent in ZIP 32506?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (~$30/hour full-time) to afford the median rent of $1,557/mo in ZIP 32506. The local median household income is $62,486/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 32506?

Rent in ZIP 32506 has increased 4.6% over the past year as of June 22, 2026, putting upward pressure on renter budgets.

Is ZIP 32506 an affordable place to rent?

ZIP 32506 is considered moderate for renters. At $1,557/mo, rent takes approximately 30% of the local median household income ($62,486/yr). The standard benchmark is 30%. ZIP 32506 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 32506 residents rent vs. own?

According to Census data, approximately 39.7% of ZIP 32506 households are renters, while 60.3% are owner-occupied. ZIP 32506 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 32506 compare to the rest of Pensacola?

ZIP 32506 is more affordable than Pensacola overall. At $1,557/mo, it's $121 below the Pensacola citywide median of $1,678/mo.

When was rent data for ZIP 32506 last updated?

Rent data for ZIP 32506 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,557/mo, rent takes ~30% of ZIP 32506's median household income ($62,486/yr). The standard benchmark is 30%.

ZIP 32506 30%Benchmark 30%
State income taxNone
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 32506 (Pensacola, FL)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.